Peru
Peru has approximately 73 million ha of forests, of which almost 69 million hectares or 94% of total land area are found in the country’s Amazon region. On a global scale, Peru’s extensive forests rank ninth in the world in terms of forest cover, fourth in terms of tropical forests, and second among the Amazonian countries. Although Peru has extensive forests, they contribute little to the national economy. Forest management has been historically been weak, resulting in inadequate forestry budgets and the conversion of the forests into focal points of social conflict.
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FCPF 2024 Annual Report
The 2024 FCPF annual report spotlights a banner year for total FCPF emission reductions payments, which more than tripled from $53.2 million in 2023 to $164.5 million in 2024.